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Business banking fees and charges are sometimes based on an analysis of your cash accounts and the transaction activity within those accounts. The bank will give you an earnings allowance at a generally low rate and based on the average balance maintained in the account. Against this allowance will be fees and charges associated with all banking activity such as deposits, checks cleared, general account services, ACH services. It is very important to understand and review the monthly Account Analysis Statement. Banks will often include charges for services that you might not be using or even aware of. Also, the detailed listing of fees might reveal areas where you could save money by adopting alternative processes such as remote versus branch deposits, or electronic payments instead of paper checks. As they say, the devil is in the details; with reference to banking fees and charges, it could not be truer.

Ran across a depositor called The Provident Bank. They’re yielding 3.26 on liquid funds along with minimal restrictions on basis points. Earnings credits are competitive with industry leaders and they provide all the business banking solutions of your classic wealth management bank. They’re brokerage sophistication may be reason for question.

Great tool to offset your banking fees. The earnings credit is benchmarked off the 90 day Tbill. The earnings credit will offset most of your cost if you’re in an analyzed package. If you’re transfer heavy, analyzed is the only way to manage the relationship unless volume is significantly low.